STRUYE VERZEKERINGEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
STRUYE VERZEKERINGEN
Largest movements
- Current investments +€930,673
up €930,673 (+156%), from €594,867 to €1.5m
- Cash +€196,882
up €196,882 (+646%), from €30,483 to €227,364
mainly Net result for the year (+€938,026) and Tax, wage and social debts (+€109,612)
- Tangible fixed assets -€53,774
down €53,774 (-24.9%), from €216,194 to €162,420
of which Furniture and vehicles: -€41,486
- Reserves +€881,000
up €881,000 (+104%), from €849,288 to €1.7m
- Tax, wage and social debts +€109,612
up €109,612 (+327%), from €33,494 to €143,107
of which Taxes: +€111,622
- Other debts +€57,549
new in 2025: €57,549
- Gross operating margin +€732,654
up €732,654 (+152%), from €481,681 to €1.2m
- Taxes +€259,817
up €259,817 (+264%), from €98,432 to €358,248
- Financial income +€212,934
up €212,934 (+471%), from €45,236 to €258,170
- Staff costs -€30,489
down €30,489 (-19.4%), from €157,290 to €126,802
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €906,398 | €1,962,204 | +€1.1m | +116% |
| Fixed assets | 21/28 | €254,404 | €197,579 | -€56,826 | -22.3% |
| Intangible fixed assets | 21 | €3,052 | - | -€3,052 | |
| Tangible fixed assets | 22/27 | €216,194 | €162,420 | -€53,774 | -24.9% |
| Land and buildings | 22 | €132,453 | €121,478 | -€10,975 | -8.3% |
| Plant, machinery and equipment | 23 | €3,158 | €1,846 | -€1,313 | -41.6% |
| Furniture and vehicles | 24 | €80,583 | €39,096 | -€41,486 | -51.5% |
| Financial fixed assets | 28 | €35,159 | €35,159 | = | 0.0% |
| Current assets | 29/58 | €651,993 | €1,764,626 | +€1.1m | +171% |
| Amounts receivable within one year | 40/41 | €26,047 | €8,835 | -€17,212 | -66.1% |
| Trade receivables | 40 | €24,253 | €8,835 | -€15,418 | -63.6% |
| Other amounts receivable | 41 | €1,794 | - | -€1,794 | |
| Current investments | 50/53 | €594,867 | €1,525,540 | +€930,673 | +156% |
| Cash at bank and in hand | 54/58 | €30,483 | €227,364 | +€196,882 | +646% |
| Deferred charges and accrued income | 490/1 | €596 | €2,887 | +€2,290 | +384% |
| Total equity and liabilities | 10/49 | €906,398 | €1,962,204 | +€1.1m | +116% |
| Equity | 10/15 | €871,252 | €1,752,279 | +€881,026 | +101% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €849,288 | €1,730,288 | +€881,000 | +104% |
| Distributable reserves | 133 | €849,288 | €1,730,288 | +€881,000 | +104% |
| Profit (loss) carried forward | 14 | €3,373 | €3,399 | +€26 | +0.8% |
| Amounts payable | 17/49 | €35,145 | €209,926 | +€174,781 | +497% |
| Amounts payable within one year | 42/48 | €34,858 | €209,878 | +€175,020 | +502% |
| Trade debts | 44 | €1,363 | €9,223 | +€7,860 | +577% |
| Suppliers | 440/4 | €1,363 | €9,223 | +€7,860 | +577% |
| Taxes, remuneration and social security | 45 | €33,494 | €143,107 | +€109,612 | +327% |
| Taxes | 450/3 | €17,183 | €128,806 | +€111,622 | +650% |
| Remuneration and social security | 454/9 | €16,311 | €14,301 | -€2,010 | -12.3% |
| Other amounts payable | 47/48 | - | €57,549 | +€57,549 | |
| Accrued charges and deferred income | 492/3 | €288 | €48 | -€240 | -83.3% |
| Non-recurring operating income | 76A | - | €740,341 | +€740,341 | |
| Remuneration, social security and pensions | 62 | €157,290 | €126,802 | -€30,489 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,812 | €46,735 | -€6,077 | -11.5% |
| Other operating charges | 640/8 | €1,116 | €1,072 | -€44 | -4.0% |
| Gross operating margin | 9900 | €481,681 | €1,214,336 | +€732,654 | +152% |
| Operating profit (loss) | 9901 | €270,463 | €1,039,727 | +€769,265 | +284% |
| Financial income | 75/76B | €45,236 | €258,170 | +€212,934 | +471% |
| Recurring financial income | 75 | €45,236 | €258,170 | +€212,934 | +471% |
| Financial charges | 65/66B | €508 | €1,623 | +€1,114 | +219% |
| Recurring financial charges | 65 | €508 | €1,623 | +€1,114 | +219% |
| Profit (loss) for the period before taxes | 9903 | €315,190 | €1,296,274 | +€981,084 | +311% |
| Income taxes | 67/77 | €98,432 | €358,248 | +€259,817 | +264% |
| Profit (loss) for the period | 9904 | €216,758 | €938,026 | +€721,268 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €216,758 | €938,026 | +€721,268 | +333% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.